IMI plc (LON:IMI) Stock Has Average Price Target of GBX 3,214.17

IMI plc (LON:IMI) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 3,214.17.

A number of research firms have weighed in on IMI. Deutsche Bank upped their price target on IMI from GBX 3,440 to GBX 3,490 and gave the stock a “buy” rating in a report on Friday, October 30th. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,850 price objective on shares of IMI in a research note on Friday, July 31st. Berenberg Bank reissued a “buy” rating and set a GBX 3,300 target price on shares of IMI in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 3,585 target price on shares of IMI in a research report on Thursday, October 29th.

IMI Stock Performance

IMI stock opened at GBX 2,934 on Thursday. The stock’s 50 day moving average price is GBX 2,999.11 and its 200 day moving average price is GBX 2,888.87. The firm has a market capitalization of £6.86 billion, a PE ratio of 21.62, a price-to-earnings-growth ratio of 1.12 and a beta of 1.04. The company has a debt-to-equity ratio of 80.30, a quick ratio of 0.80 and a current ratio of 1.30. IMI has a one year low of GBX 1,802.19 and a one year high of GBX 3,848.

IMI Company Profile

IMI is a global leader in fluid and motion control, engineering bespoke solutions that enhance safety, productivity and sustainability across critical industries in energy, automation and healthcare. We work in close partnership with customers to design, build and service high-performance valves, actuators and control systems that solve complex engineering challenges. Our solutions are a small part of our customers’ systems – but they play a critical role in how those systems perform. By combining deep technical expertise with real customer insight, we deliver solutions that are precisely engineered for impact.